When it comes to home renovations, the money that you put into a project may not necessarily be completely recouped when you sell the home in the future. On the other hand, some renovations absolutely increase the value of your home.
So, if you are thinking of making some additions or improvements to your home, here are some of the most common renovations that raise the value of your home.
Of course, you are going to need to find out what kind of professional should you hire for your home remodel. And keep in mind that different builders might be right or wrong for your job depending on what the project is!
Increase light and open up space
Dark and cramped rooms are never a good thing when you are putting your house up on the market. One easy way homeowners can increase the value of their home is by adding windows, sunroofs, or blowing out walls to open up a room and make it feel larger.
Improve the curb appeal
The curb appeal of your home is crucially important when it comes time to sell. The first impression of a home that a potential buyer will have is from the outside. For that reason, it is always smart to make sure your exterior paint and details are up to par. Other great ideas are to have your driveway resurfaced, having your lawn properly managed, and adding some nice furniture to create a calm outdoor area.
Create a genuine home office
More and more, professionals are either working at home part or full time in their homes. That means that many people who are looking to buy a home will need a home office to be in that home in order for it to be a realistic option.
Make sure there is plenty of workspaces and remember to have grounded outlets installed as well as data ports. Even you want to be extra advanced, have permanent USB inputs installed.
Finish your basement
If you don’t have enough land to add on another room, consider finishing your basement and turning it into a fully functional room. A basement space can easily be turned into a playroom for kids, a media room, or a study. On top of that, consider adding a bathroom if you do remodel the basement as this will increase the value of your remodel even further.
Update your kitchen
Kitchen remodels are some of the most expensive updates that you can make to your home, but as long as you are keeping tabs on what the cost of your material is versus the cost of the value of the renovation, you could reap serious benefits.
Even simple things like updated appliances, countertops, or adding windows over the sink can add a ton of value to your home.
Update your bathrooms
Bathrooms are a very important part of your home and if they are outdated it can dramatically decrease the value of your home on the open market. Updating bathroom amenities and fixtures, or adding an additional bathroom if you have space can absolutely improve your home’s sale appeal.